Capitalist Crisis or the Crisis of Capitalism? By sungur savran

https://www.academia.edu/76437725/Capitalist_Crisis_or_the_Crisis_of_Capitalism?nav_from=d1b62429-0660-443d-968e-e4f3d94bf934 The aim of this article is to bring to attention a theoretical proposition of immense importance that has become pertinent once again with the onset of the world economic crisis raging since 2007. The proposition in question is that, despite the façade of success in recent decades, capitalism cannot at present manage the productive forces that it has historically given rise to. Put differently, that the productive forces created by capitalism itself tend to overflow this system based on private property has become apparent once again forcefully and strikingly through this worldwide crisis of the system. Hence, the world crisis that we are witnessing today is not merely a capitalist crisis. It is also the reappearance on the stage of history of the crisis of capitalism at a very advanced level. An analysis of the current crisis that does not characterise this crisis as an aspect of the crisis of capitalist civilisation should therefore be regarded as structurally wanting. THEORETICAL FRAMEWORK One of the fundamental tenets of Marxism, beginning with the work of Marx and Engels themselves, has been that, in the area of developing new productive forces, capitalism has a much more revolutionary nature relative to all other modes of production in history, but that at a certain stage of its development, it will no longer be possible for capitalism to contain the productive forces that it has given rise to. At the basis of this second claim lies the progressive socialisation that production undergoes in the specific conditions of